Socialist Worker

Banks after homes...

Issue No. 1790

Birmingham council tenants are being asked to hand control of their homes to the Royal Bank of Scotland. The Labour-run city council was meeting on Tuesday of this week to give the final go-ahead to a ballot starting on 18 March over the plan to privatise over 80,000 council homes.

The council announced last week that the entire funding for the Birmingham Housing Alliance company that stands to take over the homes will come from the Royal Bank of Scotland.

The move underlines what Defend Council Housing campaigners have long argued-that privatisation means the bankers owning council homes. The campaign is organising to stop the Birmingham sell off. tenants plan no vote

Housing campaigners in Glasgow are also urging a no vote in a privatisation ballot over the city's almost 90,000 council homes. It is due to start on Friday of next week.

Meanwhile the Inside Housing magazine has reported on some of the shaky promises used to get council tenants to vote for privatisation. In Redcar, north east England, the government is being asked to stump up £25 million to plug a hole in the finances of a privatisation plan. A major national meeting for tenants, trade unionists and MPs is due to take place in the House of Commons on Tuesday 16 April, the day before the budget.

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Sat 9 Mar 2002, 00:00 GMT
Issue No. 1790
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